Publications

Perspectives on Global Development 2019

Rethinking Development Strategies

In 2008, the weight of developing and emerging economies in the global economy
tipped over the 50% mark for the first time. Since then, Perspectives on Global
Development has been tracking the shift in global wealth and its impact on developing
countries. How much longer can the dividends of shifting wealth benefit development,
and what does this mean for development strategies?
This new edition first investigates what China’s transformation has meant for global
development perspectives, and how shifting wealth has affected countries beyond economic
terms, exploring well-being across the developing world. It also analyses and draws
lessons from development paradigms over the past 70 years, showing that developing
nations in the 21st century have to invent their own, original pathways to greater
well-being and sustainability. The time has come to rethink international co-operation
and foster more effective exchanges of social and human capital.